AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2012 Dividend Distributions
Stockholders should review the 2012 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Also, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company’s dividend distributions.
During 2012, the Company did not generate qualified dividends income.
Additionally, because the Company is a REIT, dividends declared in the
last month of a calendar year with a record date in that calendar year,
but which are payable in January of the following year, are considered
paid for Form 1099 reporting purposes on the record date, not on the
payable date, to the extent the REIT has any remaining undistributed
earnings and profits (as computed for income tax purposes) as of
The Company's dividend distributions per share of common stock (CUSIP #001228105) are to be classified for income tax purposes as follows:
Security Description |
Declaration |
Record Date |
Payable Date |
2012 |
2012 Ordinary |
2012 Capital |
||||||||||||
Common Stock | 12/06/2012 | 12/18/2012 | 1/28/2013 | $0.80 | $0.69192 | $0.10808 | ||||||||||||
Common Stock | 9/06/2012 | 9/18/2012 | 10/26/2012 | $0.77 | $0.66597 | $0.10403 | ||||||||||||
Common Stock | 6/07/2012 | 6/29/2012 | 7/27/2012 | $0.70 | $0.60543 | $0.09457 | ||||||||||||
Common Stock | 3/14/2012 | 3/30/2012 | 4/27/2012 | $0.70 | $0.60543 | $0.09457 | ||||||||||||
Totals | $2.97 | $2.56875 | $0.40125 | |||||||||||||||
The distributions per share of Series A 8.25% Cumulative Redeemable Preferred Stock (CUSIP #001228204) are to be classified for income tax purposes as follows:
Security Description |
Declaration |
Record Date | Payable Date |
2012 |
2012 Ordinary |
2012 Capital |
||||||||||||
Series A Preferred | 11/16/2012 | 11/30/2012 | 12/17/2012 | $0.51563 | $0.44597 | $0.06966 | ||||||||||||
Series A Preferred | 8/17/2012 | 8/31/2012 | 9/17/2012 | $0.25210 | $0.21804 | $0.03406 | ||||||||||||
Totals | $0.76773 | $0.66401 | $0.10372 | |||||||||||||||
The distributions per share of Series B 8.00% Cumulative Redeemable Preferred Stock (CUSIP #001228303) are to be classified for income tax purposes as follows:
Security Description |
Declaration |
Record Date | Payable Date |
2012 |
2012 Ordinary |
2012 Capital |
||||||||||||
Series B Preferred | 11/16/2012 | 11/30/2012 | 12/17/2012 | $0.44 | $0.38056 | $0.05944 | ||||||||||||
About
Source:
AG Mortgage Investment Trust, Inc.
Investor Relations
Lisa
Yahr, 212-692-2282
lyahr@agmit.com